IRS to monitor Facebook, Twitter for tax cheats
Is the IRS about to get too close for comfort? New reports brought to light by one privacy and data security expert suggest that this tax filing season the Internal Revenue Service may be monitoring social media for any clues of tax cheats.
According to Kristen Mathews, a partner attorney at law firm Proskauer Rose LLP who specializes in privacy and data security, there are reports that the IRS will be checking into individual Facebook and Twitter accounts for improprieties.Read more »
Despite threats of big fines by state banking regulators, the owner of a Shadyside (Pittsburgh, Pa) ice cream shop who opened his own version of a community bank last summer isn't abandoning his mission.
"We are taking on the challenge of transforming the retail banking industry," his website states.
"PA dept of banks threatening us ... we keep growing," he tweeted in late December.
Instead of deposits he is offering "never-ending gift cards." (More hilarious examples of how this ice cream shop/bank owner is getting around regulations in the article).Read more »
Here in the Socialist Republik of Washington (aka: STATE OF WASHINGTON) I am able to hear your show on 870AM from midnight till 0300. Your show was the first place I've heard of "BitCoins". Interestingly enough, this story came to me today via one of the websites I subscribe to.
High taxes force more Americans to renounce their citizenship
Angry about the latest tax hikes? Each year, thousands of Americans pack their suitcases, rip up their US passports and move permanently overseas to prevent Uncle Sam from taking their money.Read more »
European Union to criminalize cash transactions over 500 EUROs. Banking is the primary tool they use to control us. Free people transacting outside of their control is their biggest fear. As the original Rothschild said in 1838: "Let me issue and control a Nation's money and I care not who makes its laws".Read more »
Let’s get one thing straight: America is not facing a fiscal crisis. It is, however, still very much experiencing a job crisis. In fact, of course, it’s just the opposite: The danger is that the deficit will come down too much, too fast. And the reasons that might happen are purely political; we may be about to slash spending and raise taxes not because markets demand it, but because Republicans have been using blackmail as a bargaining strategy, and the president seems ready to call their bluff.Read more »
Central banking makes longer, more destructive wars possible, by obfuscating the cost of war through inflation. Without central banks, total war might not be possible, and would be far less likely.Read more »
Walter Samaszko Jr, 69, died at his home in Carson City, Nev., with $200 in a bank account, but as officials later discovered, he had about $7 million stored neatly around his home. According to the coroner, Samaszko had been dead for at least a month, dying of heart problems. Cleanup crews found boxes of gold in the garage, at which point, "we took the house apart,” said Carson City clerk-recorder Alan Glover. As for who can lay claim to the riches -- Glover said the IRS will take $750,000 -- and that the rest will likely go to a first cousin.Read more »
Jail time for refusing to comply with mandatory key disclosure hasn’t occurred in the United States yet. But, it’s already happening in jurisdictions such as the UK, where a 33-year-old man was incarcerated for refusing to turn over his decryption keys and a youth was jailed for not disclosing a 50-character encryption password to authorities.Read more »
Bitcoin Conference London 2012
15-16 September, London
Call For Papers is now open: email proposals to firstname.lastname@example.org
After months of planning we are glad to announce we will be holding the Bitcoin Conference in London. The first conference was held by Mitchell Bourne in association with us. He set an amazing standard, showed us the ropes and bestowed us with considerable experience. This year he will be taking a diminished role as we take over the chariot. We hope to live up to the high standard he set last year.Read more »
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